shapogung {L_WROTE}:
In Kennedy Town, which is closer to the University, that amount will get you about 400 sq ft gross (in the city you loose about 50-100 sq ft on common areas - lift space, lobby and unusable balconies).
I beg to differ. I have a couple of friends who have left Lamma recently and moved to Kennedy Town. In the old part of KT I admit.... sturdy buildings that have high ceilings and a neighbourhood that still has character, but very clean and renovated, and pet friendly areas with greenery where you can walk the dog.
Both are paying 15K. one is 900 square feet with a view and an enclosed balcony, which is helpful for them as they have cats. Transportation frequent, easy and you can find everything you need outside your door, even numerous buses to the University. The other is an 800 sq ft flat with a sea view.
And I am 'assuming' that you know about the 'Romer Tree Frog'? You need to speak to Nancy.
On the other side of things..... find a flat on Lamma

It would be really silly not to regarding your profession. And all 'animal/creature/nature' people are always more than welcome:-)
The best way is to come to Lamma for the day (midweek) and just look at as many flats as you can. Pick a sunny day. It's amazing the difference. Avoid Sundays for flat hunting... you will head back to HK Island exhausted and go off the idea.